The Moldovan government has approved a draft law on a comprehensive change in the excise regime by amending Section IV of the Tax Code
As noted in a statement by the Ministry of Finance, this is an important step in the process of modernizing the country's tax system and aligning it with EU legislation, in particular with regard to the general excise regime and other acts applicable to excisable products such as alcohol and tobacco products. The draft law introduces new exemptions from excise taxes applicable in the following situations: natural or accidental loss of products for which excise tax has been suspended; the use of denatured alcohol for technical or industrial purposes; products used for scientific or medical purposes. At the same time, it provides for the complete digitalization of excise procedures and the elimination of existing paper-based bureaucratic processes, in particular: the introduction of electronic documents; real-time monitoring of the movement of excisable products by government authorities; clarification of the status of the authorized warehouse owner and related responsibilities. For companies producing or trading excisable goods, the new system provides for: standardized procedures for obtaining permits; online reporting only; elimination of frequent visits to government agencies and physical filling out of documents. The Ministry of Finance notes that these changes will help reduce tax losses; increase the efficiency of tax control; reduce physical interaction between the taxpayer and government agencies. The bill should enter into force after Moldova joins the European Union, but the Ministry of Finance calls on entrepreneurs and relevant institutions to begin preparations in advance to ensure an effective and smooth transition.// 24.06.2025 — InfoMarket.
